Pricing
Resources
Store
About us
Request a Demo Go to the Platform
en
中文 de es fr tr
Loading...
Store → Machinery And Equipment → Metal-Forming Machinery And Machine Tools → Machines For Working Wire
Report Philippines - Machines for Working Wire - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Philippines - Machines for Working Wire - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?

Philippines: Working Wire Machine Market 2022

Working Wire Machine Market Size in the Philippines

The Philippine working wire machine market soared to $X in 2021, jumping by 72% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Working Wire Machine Exports

Exports from the Philippines

In 2021, shipments abroad of machines for working wire decreased by -92.3% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of 238%. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, working wire machine exports reduced markedly to $X in 2021. Overall, exports, however, recorded a slight expansion. The pace of growth was the most pronounced in 2017 when exports increased by 96% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Japan (X units) was the main destination for working wire machine exports from the Philippines, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Japan totaled +9.1%.

In value terms, Japan ($X) emerged as the key foreign market for working wire machine exports from the Philippines.

From 2012 to 2021, the average annual growth rate of value to Japan totaled +15.3%.

Export Prices by Country

The average working wire machine export price stood at $X per unit in 2021, picking up by 247% against the previous year. Over the period under review, the export price recorded a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to +37.7% per year.

Working Wire Machine Imports

Imports into the Philippines

In 2021, purchases abroad of machines for working wire increased by 125% to X units, rising for the second year in a row after two years of decline. In general, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, working wire machine imports skyrocketed to $X in 2021. Overall, imports posted a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 32%. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

China (X units), Thailand (X units) and Japan (X units) were the main suppliers of working wire machine imports to the Philippines, with a combined 81% share of total imports.

From 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +69.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Germany ($X) and Thailand ($X) appeared to be the largest working wire machine suppliers to the Philippines, with a combined 70% share of total imports.

Germany, with a CAGR of +109.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average working wire machine import price stood at $X per unit in 2021, reducing by -46.1% against the previous year. Overall, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 58%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+38.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for working wire in the world?
+
The country with the largest volume of working wire machine consumption was the United States, comprising approx. 35% of total volume. Moreover, working wire machine consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fivefold. The third position in this ranking was taken by the Czech Republic, with a 7.4% share.
What are the largest producers of machines for working wire in the world?
+
The country with the largest volume of working wire machine production was the United States, comprising approx. 45% of total volume. Moreover, working wire machine production in the United States exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was held by the Czech Republic, with a 7.2% share.
What are the leading suppliers of machines for working wire to the Philippines?
+
In value terms, the largest working wire machine suppliers to the Philippines were Japan, Germany and Thailand, with a combined 70% share of total imports.
What are the leading importers of machines for working wire from the Philippines?
+
In value terms, Japan emerged as the key foreign market for working wire machine exports from the Philippines.
What is the average export price for machines for working wire in the Philippines?
+
The average working wire machine export price stood at $5,298 per unit in 2021, jumping by 247% against the previous year.
What is the average import price for machines for working wire in the Philippines?
+
In 2021, the average working wire machine import price amounted to $7,266 per unit, shrinking by -46.1% against the previous year.

This report provides an in-depth analysis of the working wire machine market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 28413450 - Machines for working wire (excluding draw-benches, thread rolling machines)
Country coverage:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET

Webinar: Global Metal Tank Market - Statistics, Trends, and Outlook
Webinar: Global Metal Tank Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global metal tank market.



Thursday, April 15th, 2021 @ 04:00 pm ET

Webinar: Addressing Cooling Challenges in the Oil & Gas Industry - Technology Innovation for Sustainable Development
Webinar: Addressing Cooling Challenges in the Oil & Gas Industry - Technology Innovation for Sustainable Development

Join our live webinar to get insights into cooling innovations in the oil and gas industry.



Monday, November 2nd, 2020 @ 04:00 pm ET

• • •
© 2023 IndexBox, Inc